Late-Season Cold Drives Big Premiums for Weekly Natural Gas Cash Prices; War Supports Futures
With winter overstaying its welcome in the Lower 48, weekly spot natural gas prices charged higher as gas demand increased during the two-day trading
Stay updated with breaking news from Transco Zone. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
With winter overstaying its welcome in the Lower 48, weekly spot natural gas prices charged higher as gas demand increased during the two-day trading
Natural gas cash prices Tuesday for Wednesday delivery were uninspired except for in the Northeast, where some points flirted with $2 gains as forecasts turned cooler and power prices surged. February futures gained 8.2 cents to $3.455 and March was higher by 7.5 cents to $3.453. February crude oil fell 86 cents to $93.28/bbl.
Natural gas prices were tracking sharply higher for April baseload delivery amid an uncertain backdrop perpetuated by Russia’s war on Ukraine, according
Natural gas prices were tracking sharply higher for April baseload delivery amid an uncertain backdrop perpetuated by Russia’s war on Ukraine, according
Natural gas futures slid further on Wednesday as weather models backed off the upcoming winter blast targeting the Lower 48. Some profit-taking also